https://www.taxtmi.com/caselaws?id=204023 The Tribunal disposed of the Revenue's appeal by directing a reassessment of the interest claim, emphasizing the need to clarify the impact of the initial debit entry on the assessee's position. The dispute centered on the denial of modvat credit benefit, subsequent refund claims, and the mode of refund - whether through cash or credit in the modvat account. The Commissioner (Appeals) accepted the cash refund request along with interest payment, leading to the matter being remanded for further examination of the interest claim based on the Tribunal's observations. en-us Fri, 06 Aug 2010 00:00:00 +0530 Thu, 23 Feb 2012 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204023 The Tribunal disposed of the Revenue's appeal by directing a reassessment of the interest claim, emphasizing the need to clarify the impact of the initial debit entry on the assessee's position. The dispute centered on the denial of modvat credit benefit, subsequent refund claims, and the mode of refund - whether through cash or credit in the modvat account. The Commissioner (Appeals) accepted the cash refund request along with interest payment, leading to the matter being remanded for further examination of the interest claim based on the Tribunal's observations. Case-Laws Central Excise Fri, 06 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204023